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Indicators of monetary tightness change diversely in April–May

10 June 2025
News

Trends in nominal interest rates were mixed. Inflation expectations of households and businesses remained elevated.

Moderate credit activity in the corporate and retail segments held back growth in money supply in April. Price lending conditions were still tight.

More details are available in the information and analytical commentary Monetary Conditions and Monetary Policy Transmission Mechanism.

Preview photo: Gorodenkoff / Shutterstock / Fotodom